China stocks fall as NYSE flip-flops back to delisting 3 Chinese telecoms

That follows Tuesday, when U.S.-listed shares of Chinese companies rallied after the NYSE’s statement late Monday it would not delist the companies, reversing a decision announced on Dec. 31 that it would.

The exchange’s back-and-forth action all stems from an executive order by President Donald Trump back in November scheduled to go into effect on Jan. 11.

Accordingly, the KraneShares China Internet ETF KWEB, -2.34% was down 0.5%, while the iShares MSCI China ETF MCHI, -1.84% was down less than 0.1%.

Similarly, U.S. traded shares of Alibaba Group Holding Ltd. BABA, -4.26% declined 1.5%, shares of Pinduoduo Inc. PDD, -4.35% fell 2.3%, JD.com Inc. JD, -6.84% fell 4.3%, and Baidu Inc. BIDU, -4.19% slipped 0.9%.